e.g. Tata motors, Reliance MF, 500570

UTI Innovation Fund - IDCW-Reinvestment

Equity Large Cap Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹624.49 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The scheme intends to provide medium to long long-term capital appreciation through investment primarily in growth and innovation innovation-oriented equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

AMC

UTI Asset Management Co. Ltd.

Fund Details

Launch Date

September 25, 2023

Fund Manager

Mr. Nitin Jain

Initial Price

10

AUM Fund

624.49 Cr

Min investment

Rs 5000

Expense Ratio

2.37%

SIP Minimum Investment

Daily - Rs. 500/- and in multiples of Re. 1/- thereafter. Minimum 6 installments.Weekly - Rs. 500/- and multiple of Re. 1/- thereafter. Minimum 6 installments.Monthly - Rs. 500/- and multiple of Re. 1/- thereafter. Minimum 6 installments.Quarterly - Rs. 1500/- and multiple of Re. 1/- thereafter. Minimum 4 installments.

Exit Load

1% if redeemed/switched out within 12 months from the date of allotment. Nil thereafter.

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
44.66% 108.48% ₹3935.83
43.90% 105.13% ₹3935.83
32.16% 0.00% ₹7304.61
32.16% 0.00% ₹7304.61
31.44% 0.00% ₹330.45

Holdings

Sector Allocation

Service 26.52%
Finance 7.05%
Engineering 13.40%
Miscellaneous 13.63%
Chemicals 4.59%
Information Technology 17.28%
Hospitality 2.54%
Address
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra India 400051
Phone
+91 22 66786666
Fax
+91 22 66786503, 66786578
Launch Date
September 25, 2023
Custodian
Axis Bank Ltd., Deutsche Bank AG, Stock Holding Corporation of India Limited.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of UTI Innovation Fund - IDCW-Reinvestment?

A: The latest NAV of UTI Innovation Fund - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is UTI Innovation Fund - IDCW-Reinvestment?

A: UTI Innovation Fund - IDCW-Reinvestment is a 'Equity - Large Cap' type mutual fund managed by 'UTI Asset Management Co. Ltd.'.

Q: What is the expense ratio of UTI Innovation Fund - IDCW-Reinvestment?

A: The expense ratio of UTI Innovation Fund - IDCW-Reinvestment is 2.37%, which impacts overall returns.

Q: Who manages UTI Innovation Fund - IDCW-Reinvestment?

A: UTI Innovation Fund - IDCW-Reinvestment is managed by Mr. Nitin Jain, who oversees investment strategy and portfolio decisions.

Q: Is UTI Innovation Fund - IDCW-Reinvestment a good investment?

A: UTI Innovation Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of UTI Innovation Fund - IDCW-Reinvestment?

A: The exit load of UTI Innovation Fund - IDCW-Reinvestment is 1% if redeemed/switched out within 12 months from the date of allotment. Nil thereafter., applicable if redeemed within the specified period.

Q: How is UTI Innovation Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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